Using online resources available to you, research the terms of the ATamp;T and Time Warner deal, which was approved by the TimeWarner shareholders

Using online resources available to you, research the terms of the AT&T and Time Warner deal, which was approved by the TimeWarner shareholders on February 15, 2017, and THEN analyze the income tax implications for the shareholders of each entity.

NOTE: ONLY FOCUS on the income tax implications to the shareholders, for example, will gain or loss be realized or recognized and any other related tax effect. The tax implications to the corporations likely be intricate and complex, thus, only focus on the shareholders.